Monday, June 4, 2012

Loan Forgiveness Options for Social Workers

I know that paying for college or graduate school is an important topic for many social workers. With rising tuition costs, you wonder how can you afford to repay your loans and what options are available for student loan forgiveness. The National Association of Social Workers (NASW) created this tremendous online resource, Loan Forgiveness for Social Workers:
NASW is promoting loan forgiveness for social workers as part of its on-going work to improve working conditions, salaries, and other benefits for members of the profession and to ensure that consumers have access to qualified professionals. NASW will continue its support for proposals to provide loan forgiveness for social workers in child welfare and schools, while also working to secure loan forgiveness and educational supports for social workers in other practice areas.

Social workers and other helping professionals should also look into the Public Service Loan Forgiveness Program, Special Direct Consolidation Loans (deadline is June 30, 2012!) and Income-Based Repayment Plan.

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